CAclubindia News

No UPI Charges for Consumers: Government Clears Air on Merchant Fee Rumours

10 August 2026 at 09:25

UPI users will continue to enjoy free payments, the government clarifies. Any future MDR will apply only to select merchant transactions.

Posted in Community & General | 1 comments | 2664 Views

UPI Transactions May Attract Charges in Future as Lok Sabha Passes Taxation Amendment Bill

08 August 2026 at 09:29

The Lok Sabha has approved amendments to the Payment and Settlement Systems Act, giving the government flexibility to allow MDR or charges on UPI and other electronic payments.

Posted in Income Tax | 1 comments | 3984 Views

ICAI Hosts Multipurpose Empanelment Form (MEF) 2026-27

08 August 2026 at 09:15

ICAI has launched the Multipurpose Empanelment Form (MEF) 2026-27 for Chartered Accountants and CA firms. Submit applications online by August 29, 2026.

Posted in Professional Resource | 1 comments | 2874 Views

Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27

07 August 2026 at 09:40

Income Tax Department releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27. Companies can now begin preparing and filing returns using the latest offline utility.

Posted in Income Tax | 1 comments | 1065 Views

Centre Exempts Banks from Section 15(1) Restriction on Unamortized EIR Expenditure

07 August 2026 at 09:30

Centre exempts banks from Section 15(1) of the Banking Regulation Act for unamortized expenditure under the RBI's Effective Interest Rate (EIR) income recognition framework notified in 2026.

Posted in Investments & Personal Finance | 1 comments | 2718 Views

ICAI Publishes 77th Annual Report and Accounts of the Institute for the year 2025-26

07 August 2026 at 09:15

ICAI has published its 77th Annual Report and Accounts for FY 2025-26 in the Gazette of India. Members can download the report online or request a hard copy from the Institute.

Posted in Accounts | 1 comments | 2469 Views

RBI Keeps Repo Rate Unchanged at 5.25%

06 August 2026 at 09:19

RBI keeps the repo rate unchanged at 5.25% and retains its neutral stance. Check key MPC decisions, inflation outlook, GDP growth projections, and what it means for borrowers and businesses.

Posted in Investments & Personal Finance | 1 comments | 801 Views

MCA Extends Registration Deadline for 'Corporate Mitra' Course for North East Candidates Till 14th Aug 2026

05 August 2026 at 09:27

MCA has extended the registration deadline for the Corporate Mitra Course for North Eastern Region candidates till August 14, 2026, or until 300 seats are filled. Check eligibility, registration details and key benefits.

Posted in Corporate Law | 1 comments | 3537 Views

FM Sitharaman Introduces Appropriation (No. 3) Bill, 2026 in Lok Sabha

05 August 2026 at 09:22

Finance Minister Nirmala Sitharaman introduced the Appropriation (No. 3) Bill, 2026 in Lok Sabha to authorize excess expenditure incurred during FY 2022-23 through appropriations from the Consolidated Fund of India.

Posted in Income Tax | 1 comments | 4587 Views

Government Boosts MSME Financing Through SIDBI and ECLGS 5.0

05 August 2026 at 09:21

Government boosts MSME financing through SIDBI and ECLGS 5.0. SIDBI opens 71 new branches, direct credit grows 36.8%, and ECLGS 5.0 targets ₹2.55 lakh crore in additional credit with up to 100% guarantee coverage.

Posted in Corporate Law | 1 comments | 795 Views